Gig Economy

A gig economy is a free market system in which temporary positions are common and organizations contract with independent workers for short-term engagements. The term "gig" is a slang word meaning "a job for a specified period of time" and is typically used in referring to musicians. Temporary work or temporary employment refers to an employment situation where the working arrangement is limited to a certain period of time based on the needs of the employing organization.

(source: whatis.techtarget.com)

Gig Economy
How kimkim Uses Faster Payments To Win Gig Worker Loyalty
January 22, 2020

Gig workers will make up a full half of the American workforce by 2028, responsible for creating online content, designing webpages and conducting local food or historical tours, as well as ferrying passengers for rideshares or renting out their homes on homesharing platforms. This growing...

Gig Economy
eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff
January 10, 2020

Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. 9). Lime CEO Brad Bao said in an online statement...

Gig Economy
California Gig Decree Prompts Uber To Halt Upfront Pricing
January 09, 2020

Uber is dropping upfront pricing in favor of estimates in response to the California gig economy law that took effect Jan 1. Reuters saw an email to riders and drivers on Wednesday (Jan. 8) advising them that the final price of a trip would be...

Gig Economy
Uber Said To Launch Secret App For CA Drivers To Skirt AB5
January 07, 2020

When California state legislators passed the controversial AB5 law for gig workers, Uber took action to revise its app with a stealthy plan dubbed “Project Luigi,” The Washington Post reported on Monday (Jan. 6).  The bill was signed by Governor Gavin Newsom in September, and...

Gig Economy
Care.com Deal Offers A Premium, But (Trust) Issues May Linger
December 23, 2019

This is a platform that will take some, well, care. As reported Friday, Dec. 20, IAC, which operates several media brands, announced a pact to buy Care.com for about $500 million. The Wall Street watchers may be focused on the mechanics of the all-cash deal,...

Gig Economy
Uber’s Gig Platform, Uber Works, Debuts In Miami
December 18, 2019

And now introducing: Uber Works in Miami. The ride-hailing giant is extending its relatively new service that leverages the marketplace model to connect buyers and sellers, according to reports. As the name implies, this time around the focus is on work, where the buyers are...

Gig Economy
Lawsuits, Wage Laws Drive Juno Ride-hailing Firm To Bankruptcy
November 20, 2019

Minimum wage and maximum impact? To that end, in New York, the ride-hailing firm known as Juno (operated by Israeli firm Gett), filed for bankruptcy protection this week and said lawsuits — and new minimum wage mandates — led to the decision. As reported in...

Gig Economy
DC AG Is Suing DoorDash Over Tipping
November 19, 2019

Washington, D.C. Attorney General Karl Racine is suing popular delivery company DoorDash, saying the company didn’t adequately distribute tips nor did it retroactively pay back those tips when its practices were changed, according to a report by TechCrunch.  The investigation into the tipping practices of...

Gig Economy
California Truckers Continue Legal Fight Against Gig Worker Law
November 18, 2019

Legislation in California that aims to expand worker protections for so-called gig economy workers has led to a debate in the state’s freight services market and a lawsuit hoping to block the law. New legislation in California, set to take effect in January, was met...